Competition Bureau alleges Progressive Waste violated terms of merger approval | iNFOnews | Thompson-Okanagan's News Source
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Competition Bureau alleges Progressive Waste violated terms of merger approval

OTTAWA - The Competition Bureau has laid charges against Progressive Waste Solutions Ltd. and its subsidiary, BFI Canada Inc.

They are being accused of breaching a 2010 agreement that allowed for the merger of two commercial waste collection companies, now known as Progressive.

Progressive says the allegations are without merit and it plans to defend itself in the courts.

The agency says its Consent Agreement addressed concerns that the merger would reduce competition among commercial waste collection services in several markets.

The bureau now alleges that Progressive violated the deal by soliciting and re-acquiring a customer whose contract was divested under the agreement.

It also alleges Progressive failed to notify the bureau that the agreement had been breached and provided a false declaration that it was in compliance.

News from © The Canadian Press, 2012
The Canadian Press

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